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Leap Wireless International, In Message Board

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  • lawstuff22 lawstuff22 Oct 5, 2012 8:39 AM Flag

    LEAP will leap again, most likely today

    Sprint (NYSE:S), with an otherwise strong year to date, has tumbled since the news. If the merger goes through, the company is likely to be worse for the wear. The stock was downgraded to “Underperform” by Robert W. Baird, with a price target of $3. If Sprint wants to grow through merger, it will either be forced to try and buy a much larger T-Mobile, or gobble up a smaller carrier like Leap Wireless (NASDAQ:LEAP). Leap, by the way, also crashing on October 4.

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